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Ep. 24: Step #3 of Profit First Implementation: The Inconvenient Bank - Expert Tips

Profit First Nation

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Cash Allocation and Tax Strategy for Business Owners

Learn about the significance of strategizing cash distribution within your business, covering profit allocation, owner's pay, taxes, and operating expenses. Discover the nuances between owner's salary and distributions, ensuring tax optimization, and the impact of profit priorities on financial statements, emphasizing the need for professional tax guidance.

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